Terra Hill has achieved impressive sales figures during its launch weekend, indicating that buyers are still willing to invest in luxury properties in prime locations.
During its first weekend, the project sold 102 units out of the 270 residential suites, with average sales prices above SGD2,650 per sq ft. This indicates that high-quality developments in prime locations are still in demand and buyers are willing to pay a premium for quality and luxury living, even in difficult economic conditions.
A Rare Hill-side Freehold Development in Pasir Panjang
Located on the fringe of Singapore, Terra Hill is within close proximity to Mapletree Business Park and the One North Tech Corridor. It is also connected to highways and commercial districts through the Pasir Panjang MRT station.
A City Fringe Property – Adjacent to the Future Greater Southern Waterfront
As mentioned, Terra Hill is in close proximity to the upcoming Greater Southern Waterfront, which will transform the city’s master planning zone along the southern coastline into a new gateway and urban play, work and live location. This redevelopment will be a major catalyst for future growth in this part of the island, and it is expected to attract home investors who are looking for a city fringe property with great accessibility to highways and amenities.
A Luxury Development With Two Classes of Units
There are a total of 270 residential suites at Terra Hill, which include 2 to 5 bedroom apartments and Prestige Collection units. The Signature Collection is a mid-range class with household shelter and high ceiling for all first-storey units, while the Prestige Collection is a more premium class with exclusive block layouts of 2 units per core with private lift access.